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DUBLIN–(BUSINESS WIRE)–The “The
Managed Service Provider Services: North America Forecast 2018-2023”

report has been added to ResearchAndMarkets.com’s
offering.

We expect that MSPs will be one of the fastest-growing routes to market;
their revenue will grow at a CAGR of 12% between 2018 and 2023 and will
account for 13% of the North American ICT market by 2023.

Managed service providers (MSPs) have a large and rapidly expanding
opportunity. We expect that MSPs will account for 13% of the USD900
billion ICT market in North America by 2023. This report provides
forecasts for nine different ICT service categories, with more-granular
detail on the three most important service categories for MSPs: IT and
managed services, infrastructure and business applications.

This report provides:

  • forecasts for nine different high-level service categories from
    2018-2023
  • cloud and on-premises revenue growth comparisons
  • forecasts for spending across businesses of different sizes
  • more-granular forecasts for the service categories that are most
    important to MSPs: IT and managed services, infrastructure and
    business applications.

Key Topics Covered

Executive Summary

  • MSPs’ revenue will grow at a CAGR of 12% between 2018 and 2023, driven
    by IT and managed services, business applications and infrastructure

Forecast Results

  • MSPs in NA will generate USD120 billion of revenue in 2023, which is
    around 13% of the total ICT market in the region
  • IT and managed services, infrastructure and business applications
    account for 78% of MSPs’ revenue in NA and are expected to deliver
    significant revenue growth
  • MSPs’ core target market is businesses with around 10-250 employees in
    NA, but businesses of all sizes offer revenue growth opportunities
  • IT and managed services: this category accounts for most of MSPs’
    revenue in NA and 65% of this revenue comes from support and
    consulting services
  • Infrastructure is one of the largest and fastest-growing components of
    MSPs’ portfolios, driven by the growing demand for cloud server and
    networking services
  • Business applications revenue will increase at a CAGR of 20% in NA
    between 2018 and 2023, driven by basic SaaS such as email and
    productivity suites

For more information about this report visit https://www.researchandmarkets.com/r/7qzbj6

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